Current Gold Trend Analysis and Trading Recommendations

17 Jun

On Tuesday, gold dipped to around $3,374 in the early trading session, then rebounded to the intraday high. In the U.S. trading session, it is currently quoted at about $3,388, approaching the psychological level of $3,400. From the 4-hour chart of gold, the current upward momentum remains intact. The support below is focused on around $3,350, and the strong support is highlighted in the $3,350-$3,330 area, which is also the position of the 5-week moving average. Only by breaking the $3,350 area is there hope to reverse the trend and fall completely. If it does not break here, the bulls may still repeat.

Regarding the current trend, gold tends to continue to test the bottom and then rebound, maintaining a large range of sweeping. In terms of operation, it is recommended to go long when gold rebounds to the vicinity of 3370-3360, with the target looking at the 3490-3400 range. The short strategy is to go short near 3400, with the target looking at the 3370-3350 line.

XAUUSD
buy@3370-3360
tp:3390-3400

sell@3395-3400
tp:3370-3350

Investment itself is not the source of risk; it is only when investment behavior escapes rational control that risks lie in wait. In the trading process, always bear in mind that restraining impulsiveness is the primary criterion for success. I share trading signals daily, and all signals have been accurate without error for a full month. Regardless of your past profits or losses, with my assistance, you have the hope to achieve a breakthrough in your investment.

18 Jun

Dagangan aktif

This morning, the gold market was highly volatile, with prices surging rapidly at the opening. Technically, the $3,405 level has formed a strong resistance zone. Despite multiple upward attempts, gold prices failed to make a valid breakthrough, which is fully consistent with our pre-market strategy analysis. Today's long and short strategies both accurately grasped the market rhythm, achieving ideal returns through two-way positioning. If you don't know how to start, you can refer to my strategies.

18 Jun

Dagangan ditutup: sasaran tercapai

Today, the gold market will witness the Federal Reserve's interest rate decision. Before the data release, you can attempt to go short if the resistance at the 3,400 level holds. If the price breaks through the 3,405–3,410 range, maintain a bullish outlook. Gold is currently in a short-term consolidation phase, so avoid chasing trends and wait for a suitable entry point. The upper resistance levels have seen frequent battles between bulls and bears recently, and the Fed's data is likely to break the current range after release. It is recommended to continue following John's strategy for entries—there should be opportunities to take profits at least before the data drops.